According to the public record, 27A, Romford Close, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 509 ft2 of internal area and sits on a 4,462 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Romford Close, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
27A, Romford Close, Colchester has 31 entries in the Land Registry database, most recently in June 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 27A Romford Close Colchester as £223,837 and the rental value as £1,092 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 27A Romford Close Colchester has decreased by £65 (0.0%) and its rental value has increased by £63 per month (5.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 27A, Romford Close, Colchester is in very good condition we estimate a sale value of £235,029 and rental value of £1,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,168 and a rental value of £1,016 per month.
If you were able to purchase this property for the estimated value of £223,837, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,100 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 27A, Romford Close, Colchester sits on a plot of 4462m2.
We have plot size data on 11 out of 24 other houses in the postcode and 27A, Romford Close, Colchester sits on the largest plot.
According to HM Land Registry, 27A, Romford Close, Colchester was last sold on 29 Jun 2018 for £155,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2018, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27A, Romford Close, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is 47, Lincoln Way, Colchester, CO1 2RJ, a Freehold house which sold for £260,000 in Feb 2019.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Close, Colchester, CO4 has a total of 47 addresses. According to our analysis of all the public data, 27A, Romford Close, Colchester is the 47th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in CO4.
The closest station to 27A, Romford Close, Colchester is Colchester Town station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 27A, Romford Close, Colchester, 37.0% of property is privately owned outright and 35.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 27A, Romford Close, Colchester, 13.6% of residents are recorded as possessing school level qualifications and 26.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 27A, Romford Close, Colchester, the average age was 43 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 27A, Romford Close, Colchester, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 27A, Romford Close, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.